Good morning everyone. Due to the Christmas holiday, the US stock market was closed yesterday, so the market volatility was not as intense. Bitcoin's previous upward trend continued, reaching above 85,000 before experiencing a rapid pullback. Currently, both BTC and ETH are in a downward pressure phase, and the overall market is a bit tug-of-war.

Honestly, everyone should be very clear about this week's rhythm — the mindset hasn't changed, and the direction is still manageable. For those who want to quickly keep up with the pace and effectively accumulate positions, just follow the current thinking. Sometimes, one decision can change the situation.

From the four-hour chart of Bitcoin, after the price broke above the middle band with a large bullish candle, it showed a pattern of two consecutive bullish candles followed by a quick correction and recovery. The bulls and bears are still tugging here, and overall, the price is consolidating within a triangle range. Although there is some room for a short-term rebound, the price remains within that range. Unless there is a major positive news, the downward trend should remain unchanged.

On the hourly chart, after a large bullish candle created overbought conditions, consecutive medium-sized bearish candles quickly absorbed the previous upward space, bringing the market close to the middle band again. Although there hasn't been an effective downward break below the middle band support, based on the KDJ indicator's movement and the MACD histogram shifting from positive to negative, a breakdown seems only a matter of time. The short-term bearish logic remains unchanged; during rebounds, look for high points to short.

Trading suggestions: Short BTC around 88,000, watch for support near 86,000; short ETH above 2,950, focus on support around 2,850.